Category : Corporate News


India Forex Reserves Up $938M to $682.3 Billion

India's foreign exchange reserves increased by $938 million to $682.321 billion for the week ended May 28, as per RBI data. The reserves had hit an all-time high of $728.494 billion in February.

How India Can Curb Capital Flight: Policy Measures

India faces significant capital flight. This article explores causes like tax evasion and corruption, and suggests policy measures including stricter enforcement, tax reforms, and investment climate improvements to stem outflows.

Shamika Ravi's Rupee Comments Spark Backlash

Shamika Ravi, PM's economic adviser, faces backlash after saying 'So what if the rupee touches 100?' amid record lows near 97. Critics slam her remarks as out of touch with common citizens.

Thiel's Family Office Leases Record Space at 830 Brickell

Peter Thiel's family office has signed a record-breaking lease at Miami's 830 Brickell tower, paying $250 per square foot for 18,200 square feet. The deal highlights Miami's growing appeal as a hub for finance and tech firms.

IMC-Hisar Project Stalled Despite Land Readiness

The Integrated Manufacturing Cluster near Hisar airport faces delays despite land availability. Procedural issues hinder progress, risking investment diversion as states compete for manufacturing.

Chhattisgarh Power Network Expands with Rs 1,502 Crore

CSPDCL invested over Rs 1,502 crore in 2025-26, energising 17,184 agri pumps and releasing 1.61 lakh new connections. The state expanded grids, electrified 92 villages, and achieved 100% PVTG electrification under PM-JANMAN.

Belagavi Raid: Ponzi Scheme Firm Busted

A firm promising exorbitant returns was raided in Belagavi, Karnataka, on suspicion of running a ponzi scam. Assistant Commissioner Shravan Nayak led the operation.

TVS SCS JV with Italy's ALA Group

TVS SCS has announced a joint venture with Italy's ALA Group, months after signing an MoU. The partnership aims to expand logistics services in Europe.

HPCL CSR Funds BLS Ambulance for Hunsur

District health officer Dr PC Kumaraswamy launched a BLS ambulance funded by HPCL CSR in Mysuru. The facility will serve Hunsur taluk's 2 lakh population amid rising road accidents.

Goldman Sachs India Co-Chairman Gunjan Samtani to Exit

Gunjan Samtani, co-chairman of Goldman Sachs in India, will leave the firm after 16 years. Ken Castelino and Balaji Sivasubramanian have been appointed co-heads of Goldman Sachs Services India as part of the succession plan.

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